Study on Principal-agent Mechanism in Chinese Private Enterprises |
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引用本文: | Xu Ren Ziheng Huang. Study on Principal-agent Mechanism in Chinese Private Enterprises[J]. 中国经济评论(英文版), 2005, 4(1): 59-63 |
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作者姓名: | Xu Ren Ziheng Huang |
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作者单位: | [1]Mailbox No.503, Beijing Jiaotong University, Beijing, China,100044 [2]Management of Beijing Jiaotong University, Beijing, China, 100044 |
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摘 要: |
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Study on Principal-agent Mechanism in Chinese Private Enterprises |
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Abstract: | Based on the principal-agent theory, this paper analyzes the current situation and the developing trends of Chinese private enterprises. It points out the obstacles confronted by Chinese private enterprise in setting up the principal-agent mechanism and proposes the corresponding solutions to these problems. |
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Keywords: | private enterprise principal-agent theory incentive constraints mechanism |
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